Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE MILES FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)5049 EDWARDS RANCH ROAD SUITE 280
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX761094133
A Employer identification number

75-2739180
B Telephone number (see instructions)

(817) 293-5555
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$59,391,696J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,380,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 509,498 509,498  
5a Gross rents............ 298,282 298,282  
b Net rental income or (loss) 298,282
6a Net gain or (loss) from sale of assets not on line 10 1,348,755
b Gross sales price for all assets on line 6a 10,189,298
7 Capital gain net income (from Part IV, line 2)... 1,315,386
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 5,569,269 4,010,958  
12 Total. Add lines 1 through 11........ 9,105,804 6,134,124  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 219,000 109,500   109,500
14 Other employee salaries and wages...... 322,229 30,891   291,338
15 Pension plans, employee benefits....... 111,571 28,974   82,598
16a Legal fees (attach schedule)......... Click to see attachment 161,471 126,750   34,721
b Accounting fees (attach schedule)....... Click to see attachment 87,711 10,776   53,968
c Other professional fees (attach schedule).... Click to see attachment 389,026 324,955   64,070
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 257,331 124,108   26,699
19 Depreciation (attach schedule) and depletion... 98,434 65,382  
20 Occupancy.............. 119,794 29,948   89,845
21 Travel, conferences, and meetings....... 57,093 14,246   42,847
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 540,137 216,882   43,255
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,363,797 1,082,412   838,841
25 Contributions, gifts, grants paid....... 2,161,370 2,161,370
26 Total expenses and disbursements. Add lines 24 and 25 4,525,167 1,082,412   3,000,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,580,637
b Net investment income (if negative, enter -0-) 5,051,712
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,249,361 658,301 658,301
2 Savings and temporary cash investments......... 609,788 664,051 674,912
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet15,088,424
Less: allowance for doubtful accounts bullet0 12,361,064 Click to see attachment15,088,424 15,088,424
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 392,843 Click to see attachment448,773 447,318
b Investments—corporate stock (attach schedule)....... 13,721,017 Click to see attachment12,921,973 13,324,300
c Investments—corporate bonds (attach schedule)....... 984,160 Click to see attachment1,080,652 1,073,720
11 Investments—land, buildings, and equipment: basis bullet2,550,000
Less: accumulated depreciation (attach schedule) bullet270,415 5,121,275 2,279,585 2,550,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 18,717,535 Click to see attachment25,600,355 25,195,119
14 Land, buildings, and equipment: basis bullet379,602
Less: accumulated depreciation (attach schedule) bullet   227,801 379,602 379,602
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 54,384,844 59,121,716 59,391,696
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 54,384,844 59,121,716
30 Total net assets or fund balances (see instructions)..... 54,384,844 59,121,716
31 Total liabilities and net assets/fund balances (see instructions). 54,384,844 59,121,716
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
54,384,844
2
Enter amount from Part I, line 27a .....................
2
4,580,637
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
156,235
4
Add lines 1, 2, and 3 ..........................
4
59,121,716
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
59,121,716
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a REAL PROPERTY - BLDG 2930 BLEDSOE P    
b PUBLICLY TRADED SECURITIES P    
c FLOW-THROUGH FROM PARTNERSHIPS P    
d GAIN ON REDEMPTION OF GOVISION P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,075,000   2,623,117 451,883
b 7,062,909   6,217,426 845,483
c     33,369 -33,369
d 51,389     51,389
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       451,883
b       845,483
c       -33,369
d       51,389
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,315,386
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 3,188,152 62,260,415 0.051207
2016 2,581,093 50,870,011 0.050739
2015 2,743,611 37,308,543 0.073538
2014 2,594,284 47,338,803 0.054802
2013 2,106,200 39,041,576 0.053948
2
Total of line 1, column (d) .....................
2
0.284234
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.056847
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
62,611,855
5
Multiply line 4 by line 3......................
5
3,559,296
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
50,517
7
Add lines 5 and 6........................
7
3,609,813
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,000,211
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 101,034
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 101,034
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 101,034
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 111,260
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 161,260
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 180
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 60,046
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet60,046 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see list of attachments.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MILESFDN.ORG
    14
    The books are in care ofbulletGRANT COATES Telephone no.bullet (817) 293-5555

    Located atbullet5049 EDWARDS RANCH ROAD STE 280FORT WORTHTX ZIP+4bullet76109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SHERRY A WILSON DIRECTOR
    5.00     		12,000 0 0
    5049 EDWARDS RANCH ROAD 280
    FORT WORTH,TX76109
    JACK L BURDETT CHARIMAN
    5.00     		12,000 0 0
    5049 EDWARDS RANCH ROAD 280
    FORT WORTH,TX76109
    C GRANT COATES CEO/DIRECTOR
    40.00     		195,000 31,874 0
    5049 EDWARDS RANCH ROAD 280
    FORT WORTH,TX76109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    SARA REDINGTON DIR OF COMMUNICATION
    40.00     		144,261 32,315 0
    5049 EDWARDS RANCH ROAD 280
    FORT WORTH,TX76109
    KATE WISNIEWSKI DIRECTOR OF PROGRAMS
    40.00     		116,186 21,223 0
    5049 EDWARDS RANCH ROAD 280
    FORT WORTH,TX76109
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    MCR CAPITAL ADVISORS CORPORATION CFO/FINANCIAL SERVICES 129,400
    13601 PRESTON ROAD STE 417W
    DALLAS,TX75240
    BONDS ELLIS EPPICH SCHAFER JONES LLP LEGAL SERVICES 68,462
    420 THROCKMORTON ST STE 1000
    FORT WORTH,TX76102
    JARED P HARRELL LEGAL SERVICES 66,000
    4710 121ST STREET
    LUBBOCK,TX79242
    BLACK RAIN LTD OIL & GAS CONSULTING 57,562
    2201 LONG PRAIRIE ROAD SUITE
    107-327
    FLOWER MOUND,TX75022
    MICHAEL BALL REALTY CORPORATION REALTY SERVICES 54,000
    513 MAIN STREET SUITE 201
    FORT WORTH,TX76102
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,223,865
    b
    Average of monthly cash balances.......................
    1b
    3,128,325
    c
    Fair market value of all other assets (see instructions)................
    1c
    43,213,145
    d
    Total (add lines 1a, b, and c).........................
    1d
    63,565,335
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    63,565,335
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    953,480
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    62,611,855
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,130,593
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,130,593
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    101,034
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    101,034
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,029,559
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,029,559
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,029,559
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,000,211
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,000,211
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,000,211
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 3,029,559
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 2,974,445
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,000,211
    a Applied to 2017, but not more than line 2a 2,974,445
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 25,766
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		3,003,793
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KATE WISNIEWSKI
    5049 EDWRDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    (817) 293-5555
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS REQUESTING A GRANT FROM THE MILES FOUNDATION, INC. MUST COMPLETE A GRANT APPLICATION. THE TYPE OF INFORMATION REQUESTED INCLUDES DETAILS ABOUT THE ORGANIZATION, PURPOSE OF THE GRANT REQUEST, DETAILS OF THE PROPOSED PROJECT, TYPE AND AMOUNT OF SUPPORT REQUESTED, FINANCIAL STATEMENTS AND BUDGET, IRS DETERMINATION LETTER, AND OTHER VARIOUS SUPPORTING DOCUMENTS.
    cAny submission deadlines:
    SPRING: LETTERS OF INQ DUE 4/1; FULL APP DUE 5/15 FALL: LETTERS OF INQ DUE 9/1 FULL APP DUE 10/15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE MILES FOUNDATION, INC. RESTRICTS GRANTS TO ORGANIZATIONS IN THE DALLAS-FORT WORTH AREA IN THE AREAS OF EARLY CHILDHOOD EDUCATION, LITERACY PROGRAMS, PARENT ENGAGEMENT AND LEADERSHIP DEVEOPMENT. ORGANIZATIONS APPLYING FOR FUNDS MUST BE TAX EXEMPT UNDER SECTIONS 501(C)(3) OR 170(C) OF THE INTERNAL REVENUE CODE AND BE CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. ORGANIZATIONS MAY ONLY APPLY FOR FUNDS ONCE PER CALENDAR YEAR.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN FEDERATION FOR CHILDREN
    1020 19TH STREET
    WASHINGTON,DC20036     		  PC FORT WORTH COMMUNITY ORGANIZER 68,000
    AUSTIN COMMUNITY FOUNDATION
    4315 GUADALUPE STREET SUITE 300
    AUSTIN,TX78751     		  PC 2018 TEGAC SUPPORT 5,000
    AVANCE INC
    2060 SINGLETON BLVD STE 103
    DALLAS,TX75212     		  PC 2018-2019 PEC PROGRAMMING 22,000
    BEN HOGAN FOUNDATION
    PO BOX 121518
    FORT WORTH,TX76121     		  PC 2018 BEN HOGAN CLASSIC IN FORT HOOD 50,000
    CAMP FIRE FIRST TEXAS
    2700 MEACHAM BLVD
    FORT WORTH,TX76137     		  PC EL TESORO DE LA VITA GRANT AND 2018-2019 SCHOOL READINESS PROGRAM GRANT 52,500
    CASA OF TARRANT COUNTY
    101 SUMMIT AVENUE SUITE 505
    FORT WORTH,TX76102     		  PC 2018-2019 EDUCATION ADVOCATES 10,000
    CENTER FOR TRANSFORMING LIVES
    512 W 4TH STREET
    FORT WORTH,TX76102     		  PC 2018-2019 FAMILY ADVOCATES 30,000
    CHILD CARE ASSOCIATES
    3000 E BELKNAP STREET
    FORT WORTH,TX76111     		  PC TEXAS CHILD CARE TOOLS GRANT AND EARLY LEARNING SUMMIT AND INVESTOR'S LUNCH 101,000
    CNM CONNECT
    2902 FLOYD STREET
    FORT WORTH,TX75204     		  PC FORT WORTH CNM-PACT 20,000
    COMMUNITIES FOUNDATION OF TEXAS INC
    5500 CARUTH HAVEN LANE
    DALLAS,TX75225     		  PC 2018 NORTH TEXAS GIVING DAY BONUS FUNDS 5,000
    COMMUNITIES IN SCHOOLS OF GREATER TARRANT COUNTY
    5601 BRIDGE STREET SUITE 501
    FORT WORTH,TX76102     		  PC 2018-2019 OPS AND PILOT 50,000
    COMMUNITY FOUNDATION OF NORTH TEXAS
    306 WEST 7TH STREET SUITE 1045
    FORT WORTH,TX76102     		  PC EARLY LEARNING 2018 SUPPORT, DIRECTOR LEVEL POSITION AND PROFESSIONAL DEVELOPMENT 26,250
    COVENANT CLASSICAL SCHOOL
    1701 WIND STAR WAY
    FORT WORTH,TX76108     		  PC PAUL DRAKE ACTION UNIVERSITY GRANT 2,000
    CRISTO REY FORT WORTH
    1007 EAST TERRELL AVENUE
    FORT WORTH,TX76104     		  PC FORT WORTH EXPANSION 25,000
    DECATUR INDEPENDENT SCHOOL DISTRICT
    307 S CATES STREET
    DECATUR,TX76234     		  PC YEAR 2 SUPPORT OF AVID EXPANSION 30,000
    DPAS ASSIST THE OFFICER FOUNDATION
    1412 GRIFFIN STREET EAST
    DALLAS,TX75215     		  PC BILL CAROLLO BACK THE BLUE PROGRAM 750
    DREAM OUTSIDE THE BOX
    1619 PENNSYLVANIA AVENUE
    FORT WORTH,TX76104     		  PC 2018-2019 GENERAL OPERATIONS 10,000
    EDUCATIONAL FIRST STEPS
    2815 GASTON AVENUE
    DALLAS,TX75226     		  PC 2018-2019 WEDGEWOOD PILOT SUPPORT 66,000
    EDUCATION FOUNDATION FOR FORT WORTH SCHOOLS
    4455 CAMP BOWIE BLVD 114-149
    FORT WORTH,TX76107     		  PC RFW CLASSROOM LIBRARY CAMPAIGN 10,000
    FIRST THREE YEARS
    1199 S BELTLINE ROAD SUITE 100
    COPPELL,TX75019     		  PC 2018 ROFW SUPPORT 50,000
    FORT WORTH POLICE OFFICERS AWARD FOUNDATION
    PO BOX 17659
    FORT WORTH,TX76102     		  PC 2018 GRANT 5,000
    FORTRESS YOUTH DEVELOPMENT CENTER
    PO BOX 422
    FORT WORTH,TX76101     		  PC 2018-2019 EARLY LEARNING CLASSROOM AND 2018-2019 PEC PROGRAMMING 37,500
    GEORGE W BUSH FOUNDATION
    6116 N CENTRAL EXPRESSWAY SUITE 400
    DALLAS,TX75206     		  PC PRESIDENTIAL LEADERSHIP SCHOLARS 200,000
    GIRLS INC OF TARRANT COUNTY
    1226 E WEATHERFORD STREET
    FORTH WORTH,TX76102     		  PC 2018 SUMMER LITERACY PROGRAMMING 25,000
    LENA POPE HOME INC
    3200 SANGUINET ST
    FORT WORTH,TX76107     		  PC LENA POPE UNTHSC 200,000
    LIBERTY ISD EDUCATION FOUNDATION
    1527 TRINTY ST PO BOX 10437
    LIBERTY,TX77575     		  PC IN HONOR OF MR. ELLISON MILES 50,000
    LITERACY CONNEXUS
    3020 S CHERRY LANE 123168
    FORT WORTH,TX76121     		  PC 2018-2019 READY FOR SCHOOL GRANT AND 2018 MATCHING GRANT 10,550
    LOVE COUNTY HEALTH CENTER FOUNATION
    2408 MELVIN DOUGLAS RD
    MARIETTA,OK73448     		  PC LOVE COUNTY FOOD BANK 2,500
    NATIONAL MEXICAN AMERICAN COLLEGE EDUCATION FUND
    PO BOX 471752
    FORT WORTH,TX761471408     		  PC 2018 5TH GRADE SCHOLARSHIP PROGRAM 3,000
    NATIONAL MUSEUM OF THE MIGHTY 8TH AIR FORCE
    PO BOX 1992
    SAVANNAH,GA31402     		  PC 2018-2019 GENERAL OPERATIONS 5,000
    GREAT HEARTS TEXAS
    824 BROADWAY SUITE 101
    SAN ANTONIO,TX78215     		  PC FORTH WORTH EXPANSION INSTAL. 1 100,000
    IDEA
    2833 CROCKETT STREET
    FORT WORTH,TX76107     		  PC 2019-2020 PRE K SUPPORT 50,000
    IMPOSSIBLE POSSIBILITIES
    PO BOX 470906
    FORT WORTH,TX76147     		  PC 2108-2019 MAVEN'S MILESTONES 5,000
    JOHN T WHITE LEADERSHIP ACADEMY
    7300 JOHN T WHITE ROAD
    FORT WORTH,TX76120     		  GOV FAMILY NIGHTS: FOOD AND SUPPLIES AND HOSPITALITY FUND 1,950
    KIDS WHO CARE
    1300 GENDY STREET
    FORT WORTH,TX76107     		  PC 2018-2019 PROGRAMMING 5,000
    LEADERSHIP ACADEMY AT JOHN T WHITE
    7300 JOHN T WHITE ROAD
    FORT WORTH,TX76120     		  GOV FAMILY MATH NIGHT 1,500
    NEW DAY SERVICES
    6816 CAMP BOWIE BLVD W SUITE 112
    FORT WORTH,TX73116     		  PC 2018-2019 PEC PROGRAMMING AND PARENT SUPPORT 7,820
    NORTH TEXAS COMMUNITY FOUNDATION
    306 W 7TH STREET 1045
    FORT WORTH,TX76102     		  PC READ FORT WORTH GENERAL CAPACITY AND THE MILES FOUNDATION COMMUNITY FUND 63,600
    NORTHSIDE INTER-COMMUNITY AGENCY
    1600 CIRCLE PARK BLVD
    FORT WORTH,TX76164     		  PC 2018-2019 CIRCLE OF WINNERS 10,000
    PRINCIPAL IMPACT COLLABORATIVE
    1825 MARKET CENTER BLVD SUITE 500
    DALLAS,TX75207     		  PC 2018 GENERAL OPERATIONS 25,000
    PROJECT TRANSFORMATION NATIONAL
    4024 CARUTH BLVD
    DALLAS,TX75225     		  PC 2018 SUMMER LITERACY PROGRAMMING 30,000
    READ FORT WORTH
    306 W 7TH STREET 1045
    FORT WORTH,TX76102     		  PC 2018 SUMMER SCHOLARS COHORT 26,400
    READING PARTNERS
    2910 SWISS AVENUE
    DALLAS,TX75204     		  PC 2018-2019 FWISD PROGRAMMING 25,000
    RIVERTREE ACADEMY INC
    5443 BONNELL AVE
    FORT WORTH,TX76107     		  PC 2018-2019 CAPACITY BUILDING SUPPORT 25,000
    STAR SPONSORSHIP PROGRAM INC
    6707 BRENTWOOD STAIR ROAD SUITE 205
    FORT WORTH,TX76112     		  PC 2018-2019 FWISD SPONSORSHIPS 20,000
    TEXAS BOOK FESTIVAL
    1023 SPRINGDALE ROAD BUILDING 14
    SUITE B
    AUSTIN,TX78721     		  PC 2018-2019 READING ROCKSTARS 10,000
    TEXAS PUBLIC POLICY FOUNDATION
    901 CONGRESS AVENUE
    AUSTIN,TX78701     		  PC CENTER FOR INNOV. IN ED., CENTER FOR AMERICAN FUTURE 150,000
    THE CONCILIO
    400 S ZANG BLVD SUITE 300
    DALLAS,TX75208     		  PC 2018-2019 PEC PROGRAMMING 50,250
    THE ESSILOR VISION FOUNDATION
    13515 NORTH STEMMONS FREEWAY
    DALLAS,TX75234     		  PC 2018-2019 VISION SCREENING 20,000
    THE FIRST TEE OF FORT WORTH
    1900 ROCKWOOD PARK DR N
    FORT WORTH,TX76114     		  PC YEAR 2 CAPACITY GRANT 75,000
    THE GATEHOUSE
    670 WESTPORT PARKWAY
    GRAPEVINE,TX76051     		  PC 2018 EARLY LEARNING SUPPORT 25,000
    THE PARENTING CANTER
    2928 WEST 5TH STREET
    FORT WORTH,TX76107     		  PC 2018-2019 PEC PROGRAMMING 22,800
    THE PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		  PC 2018-2019 GENERAL SUPPORT 25,000
    THE SEMINAR NETWORK TRUST
    2300 WILSON BLVD SUITE 500
    ARLINGTON,VA22201     		  PC GENERAL SUPPORT 100,000
    THE UNIVERSITY OF OKLAHOMA FOUNDATION INC
    307 W BROOKS STREET ROM 105
    NORMAN,OK73019     		  PC 2019 MBA DALLAS CORPORATE SCHOLARS 25,000
    THE UT HEALTH SCIENCE CENTER
    7000 FANNIN SUITE 1200
    HOUSTON,TX77025     		  GOV 2018-2019 CLI ENGAGE PILOT 25,000
    UNITED COMMUNITY CENTERS INC
    1200 E MADDOX AVE
    FORT WORTH,TX76104     		  GOV SOUTHSIDE COMMUNITY CENTER SUMMER PROGRAM AND 2018-2019 I CAN READ PROGRAM 40,000
    UNT HEALTH SCIENCE CENTER FOUNDATION
    3500 CAMP BOWIE BLVD EAD 802
    FORT WORTH,TX76107     		  PC 2018 PLEDGE FULFILLMENT 25,000
    Total .................................bullet 3a 2,161,370
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 509,498  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16 298,282  
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 531390 1,321,239 01 4,248,030  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,348,755  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,321,239 6,404,565 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,725,804
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE MILES FOUNDATION INC
     
    Employer identification number

    75-2739180
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number
    75-2739180
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MILES PRODUCTION LP  
    5049 EDWARDS RANCH ROAD SUITE 280
     
    FORT WORTH, TX76109

    		$ 1,380,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number

    75-2739180
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number

    75-2739180
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 87,711 10,776   53,968

    TY 2018 GeneralExplanationAttachment
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Identifier Return Reference Explanation
    EXPLANATION OF AMENDMENT FORM 990-PF, BOX G THE MILES FOUNDATION, INC. IS FILING AN AMENDED 2018 FORM 990-PF TO CORRECT THE MINIMUM INVESTMENT RETURN CALCULATION ON PART X. DUE TO A CLERICAL ERROR, THE ORIGINAL FORM 990-PF INADVERTENTLY OVERSTATED THE FAIR MARKET VALUE OF ASSETS REPORTED ON PART X, LINES 1A, 1B, AND 1C.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CITIGROUP INC 31,102 30,751
    JPMORGAN CHASE AND CO 66,246 65,343
    WELLS FARGO & COMAPNY 66,960 66,272
    BP CAPITAL MARKETS PLC 31,114 30,735
    CVS HEALTH CORP 67,087 66,867
    USD ACTAVIS FUNDING 65,557 64,761
    MORGAN STANLEY 34,319 33,779
    GILEAD SCIENCES INC 65,643 65,467
    COMCAST CORP 65,008 65,249
    MCDONALDS CORP 30,241 29,792
    WAL-MART STORES INC 66,765 65,949
    ANHEUSER-BUSCH INBEV FIN 32,578 32,452
    BB&T CORPORATION 65,852 64,611
    APPLE INC 68,882 68,191
    GENERAL DYNAMICS CORP 63,575 64,052
    UNITED TECHNOLOGIES CORP 67,245 66,818
    ABBVIE, INC 64,755 64,220
    GOLDMAN SACHS GROUP INC 63,146 62,993
    DOWDUPOINT INC 64,577 65,418

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE, INC SHS 55,420 56,973
    ACTIVISION BLIZZARD INC 14,955 12,108
    ADOBE INC 21,242 32,805
    AES CORP 58,466 60,718
    ALIGN TECH INC DEL COM 10,523 9,005
    ALLY FINL INC 54,277 45,161
    ALPHABET INC SHS CL C 86,646 135,665
    ALPHABET INC SHS CL A 104,757 190,183
    ALTRIA GROUP INC 225,159 192,621
    AMAZON COM INC COM 81,504 123,162
    AMCOR LTD AUS ADR NEW 98,626 80,118
    ANSELL LTD-SPPN ADR 30,172 27,839
    ANTA SPORTS PROD-UNSPON 21,666 27,530
    APPLE INC 218,681 289,453
    ASML HLDG NV NY REG SHS 28,220 25,366
    ASTRAZENICA PLC SPND SDR 36,297 41,740
    AUTODESK INC DEL PVSO 01 18,003 21,606
    BAE SYS PLC SPN ADR 33,063 24,240
    BAXTER INTERNTL INC 63,998 74,903
    BECTON DICKINSON CO 25,283 27,714
    BERKSHIRE HATHAWAYINC DEL CL B NEW 18,787 18,785
    BIOGEN INC 104,133 107,729
    BIOMARIN PHARMACEUTICALS 11,761 10,814
    BOOKING HLDGS INC USDO 008 30,395 39,616
    BOSTON SCIENTIFIC CORP 25,781 31,912
    BP PLC SPON ADR 100,052 95,103
    BRITISH AMN TOBACO SPADR 113,067 60,470
    CARNIVAL CORP PAIRED SHS 75,700 70,795
    CDW CORP 43,200 82,833
    CENTENE CORP 78,029 97,429
    CHEVRON CORP 108,510 98,999
    CISCO SYSTEMS INC COM 166,811 237,795
    CITIGROUP INC COM NEW 30,027 28,997
    CITIZENS FINL GROUP INC 20,622 18,343
    CME GROUP INC 17,522 19,753
    COCA COLA COM 91,183 97,636
    COGNIZANT TECH SOLUTIONS A 94,210 89,888
    COMCAST CORP NEW CL A 110,535 136,541
    CONSTELLATION BRANDS INC 42,466 32,164
    COSTAR GROUP INC COM 32,989 30,698
    CVS HEALTH CORP 52,869 39,705
    D R HORTON INC 89,798 90,636
    DBS GROUP HLDGS SPN ADR 28,208 30,470
    DELL TECHNOLOGIES INC REG SHS CL C 27,564 29,517
    DELTA AIR LINES INC 82,068 83,533
    DEUTSCHE POST AG SHS 92,187 65,155
    DIAGEO SPSD ADR NEW 45,001 54,041
    DISH NETWORK CORPORATION CLASS A 57,738 41,975
    DOLLAR GENERAL CORP 69,439 70,576
    DOMINOS PIZZA INC 12,312 14,879
    DOWDUPONT INC COM 87,313 87,761
    E TRADE FINL CORP 63,829 54,367
    ELECTRONIC ARTS INC DEL 38,123 27,145
    EMERSON ELEC C 77,524 63,156
    FACEBOOK INC CLASS A COMMON STOCK 25,899 25,694
    FIRST REP BK SAN FRNCISC 11,973 10,341
    FIRSTENERGY CORP 78,375 95,565
    FORTIVE CORP 64,310 62,788
    FREEPORT-MCMORAN INC 67,479 46,447
    GENUINE PARTS CO 80,092 84,498
    GILEAD SCIENCES INC COM 86,311 61,111
    GLAXOSMITHKLINE PLC ADR 70,323 67,288
    HARTFORD FINL SVCS GROUP 55,933 46,050
    HEINEKEN NV ADR 38,411 38,298
    HUMANA INC 68,253 106,857
    IAC INTERACTIVE INC COM 13,408 12,630
    ILLUMINA INC COM 13,341 21,295
    IMPERIAL BRANDS PLC 104,124 77,551
    INTL PAPER CO 74,819 59,975
    INTUIT INC COM 35,383 33,268
    INTUITIVE SURGICAL INC NEW 21,691 20,115
    J M SMUCKER CO 66,337 50,485
    JAPAN TOBACCO INC 2914 38,368 28,117
    JOHNSON AND JOHNSON COM 106,653 107,370
    JPMORGAN CHASE AND CO 106,110 174,935
    KAR AUCTION SERVICES INC 66,808 58,028
    KONE OYJ 84,113 80,445
    KONINKL PHIL NV SH NEW 38,829 33,706
    LABORATORY CP AMER HLDGS 100,980 90,221
    LENNAR CORP CL A 41,941 33,552
    LOWE'S COMPANIES INC 89,421 121,269
    M&T BANK CORPORATION 42,206 40,935
    MARATHON OIL CORP 31,970 21,295
    MASTERCARD INC 47,455 48,672
    MEDTRONIC PLC SHS 39,289 44,934
    MERCADOLIBRE INC 24,331 23,135
    MICROSOFT CORP 209,824 413,288
    NESTLE A REP RG SH ADR 82,938 85,251
    NETFLIX COM INC 30,706 44,432
    NIKE INC CL B 14,226 16,607
    NORFOLK SOUTHERN CORP 91,556 116,492
    NOVARTIS ADR 183,032 189,898
    NOVO NORDISK A S ADR 97,326 93,660
    NVIDIA 11,716 18,290
    O'REILLY AUTOMATIVE INC 73,812 83,328
    PACKAGING CORP AMERICA 45,861 51,161
    PAYCHEX INC 30,995 28,666
    PAYPAL HOLDINGS INC SHS 18,059 23,293
    PEPSICO INC 75,432 76,910
    PFIZER INC 196,724 259,848
    PHILLIP MORRIS INTL INC 76,461 55,277
    PROCTER & GAMBLE CO 62,746 67,929
    REGIONS FINL CORP 70,222 61,294
    RELIX PLC 26,857 29,857
    ROGERS COMMUNICATIONS B 90,280 99,854
    ROPER TECHNOLIGIES INC 13,653 13,326
    S&P GLOBAL INC 25,800 25,321
    SALESFORCE COM INC 38,640 41,639
    SANOFI ADR 91,966 85,170
    SBA COMMUNICATIONS CORP 21,454 21,369
    SCHNEIDER ELEC SE ADR 49,045 39,140
    SERVICENOW INC 16,455 16,737
    SGA SA ADR 29,873 25,993
    SHERWIN WILLIAMS 20,941 19,673
    SONIC HEALTHCARE LTD SHS 40,443 39,722
    SUNCOR ENERGY INC NEW 102,515 85,588
    SUNTRUST BKS INC COM 76,804 94,424
    SVENSKA HANDEL SBANKEN AB 52,535 44,983
    TAIWAN S MANUFACTURING ADR 102,219 95,818
    TELUS CORP COM 99,981 95,278
    TENCENT HOLDINGS LTD ADR 37,073 37,536
    TESLA INC 9,399 10,317
    TEXAS INSTRUMENTS 38,530 36,005
    ULTA BEAUTY INC 5,616 6,611
    UNILEVER NV REG SHS 85,993 87,317
    UNION PACIFIC CORP 21,496 22,670
    UNITED PARCEL SVC CL B 30,632 27,406
    UNITED TECH CORP COM 61,273 55,157
    UNITEDHEALTH GROUP INC 87,899 182,854
    URBAN OUTFITTERS INC 27,332 37,948
    US BANCORP 110,585 120,465
    VERTEX PHARMCTLS INC 12,108 14,748
    VISA INC CL A SHRS 59,947 72,831
    WALMART INC 120,671 142,054
    WELLS FARGO & CO NEW DEL 50,436 41,334
    XYLEM INC SHS 13,697 13,010
    ZOETIS INC 11,713 13,515
    3M COMPANY 48,157 51,065
    BLACKROCK FLOATING RATE 825,932 780,566
    BALACKROCK COMMODITY 337,146 291,149
    BLACKROCK STRATEGIC 2,541,365 2,427,475
    BLACKROCK ALLOCATION 80,668 78,486
    ISHARES INC CORE MSCI 628,508 607,433
    OLD NATL BANCORP IND 12,998 27,335
    SUMMIT HOTEL PPTYS 27,500 23,760
    FIDUS INVESTMENT CORP 102,555 70,741

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    US Government Securities - End of Year Book Value:

    448,773
    US Government Securities - End of Year Fair Market Value:

    447,318
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL & GAS ROYALTY INTERESTS OH AT COST 355,016 355,016
    OIL & GAS ROYALTY INTERESTS TX AT COST 6,870,408 10,597,420
    OIL & GAS ROYALTY INTERESTS LA AT COST 300,000 300,000
    OIL & GAS NET PROFITS INTEREST AT COST 1 130,410
    ROYALTIES BONANZA II AT COST 2,610,000 2,610,000
    RCP ARGYLE 114 LTD AT COST 93,610 93,610
    VALQUEST PRINCETON 55 LP AT COST 38,897 38,897
    VALQUEST CONROE MARINAS LP AT COST 147,876 147,876
    SILVER TREE REALTY FUND II LP AT COST 6,887 6,887
    2912 W 6TH LLC AT COST 207,136 207,136
    DOS RIOS PARTNERS, LP AT COST 2,079,538 2,079,538
    PRP OXFORD CARROLLTON, LLC AT COST 2,471 2,471
    WTB HOLDING COMPANY LLC AT COST 2,247,694 2,247,694
    LEGACY VENTURE VIII, LLC AT COST 1,309,816 1,309,816
    ESCALANTE KINGSMILL, LLC AT COST 711,581 711,581
    KOC ONE ARLINGTON INVESTORS, LP AT COST 257,922 257,922
    STP 17480 NDP, LP AT COST 491,896 491,896
    STRONG BLOCKS MILAUKEE II, LLC AT COST 20,375 20,375
    HEARTLAND CAPITAL CORP AT COST 58,188 0
    HEARTLAND MILES INVESTMENTS AT COST 2,603,000 0
    LIFE PARTNERS, INC. AT COST 107,831 107,831
    ORGAN TRANSPORT SYSTEMS AT COST 1,183,881 1,183,881
    MILES PRODUCTION, LP AT COST 1,901,521 313,953
    FUND I, A SERIES OF ESCONDIDO VENTURES, LP AT COST 104,625 104,625
    IDONATE, LLC AT COST 201,855 201,855
    KOC DFW WEST INVESTORS, LP AT COST 746,200 746,200
    LEGACY VENTURE IX, LLC AT COST 84,802 84,802
    TRUST VENTURES FUND I, LP AT COST 220,453 220,453
    VHFW OAKBEND, LLC AT COST 530,000 530,000
    GSO RESCUE FINANCE FUND III (OFFSHORE) LP AT COST 106,875 92,974

    TY 2018 LegalFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 161,471 126,750   34,721


    TY 2018 OtherExpensesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 62,997 29,343   33,653
    DUES & MEMBERSHIPS 4,799 499   4,300
    INSURANCE 4,961 0   4,961
    BANK CHARGES 226 226   0
    LICENSES/PERMITS 1,114 774   341
    INVESTMENT EXPENSE 126,176 126,176   0
    MISCELLANEOUS 387 387   0
    REAL ESTATE RENTAL EXPENSES 59,477 59,477   0
    WRITE-OFF OF LOAN BALANCE SETTLEMENT 280,000 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROYALTIES 3,264,975 3,264,975 3,264,975
    PARTNERSHIP INCOME 1,321,239 -237,072 1,321,239
    INTEREST ON NOTE RECIEVABLE 956,127 956,127 956,127
    OTHER INVESTMENT INCOME 23,523 23,523 23,523
    OTHER INCOME 3,405 3,405 3,405


    TY 2018 OtherIncreasesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Amount
    UNREALIZED LOSS ON ACTION ALIGNMENT INVESTMENT 156,235


    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 OtherNotesLoansRcvblLongSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    BELTERRA NONE 500,000 0 2014-08 2018-07 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1500.0000000000 % GUARANTY OF LION HEALTH CENTERS, INC. WORKING CAPITAL CASH 500,000
    NORTON AUTO GROUP NONE 500,000 500,000 2014-09 2020-09 INTEREST QUARTERLY, MONTHLY P&I BEG 10/25/18 850.0000000000 % VEHICLES & LEASES WITH A TOTAL VALUE OF AT LEAST 150% WORKING CAPITAL CASH 500,000
    BRADLEY BIOPIC LLC NONE 200,000 243,600 2014-12 2018-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1500.0000000000 % ALL PROPERTY OF THE BORROWER PRODUCTION COSTS FOR A FILM ABOUT BRADELY SNIDER CASH 243,600
    CFAM RESCAP SERCURED LOAN FUND III NONE 500,000 0 2015-10 2018-08 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 700.0000000000 % SUBORDINATED LIEN FUNDING THE ACQUISTION & REHAB COST FOR A PORTFOLIO OF SINGLE FAMILY HOMES CASH 500,000
    PUBLISHING CONCEPTS NONE 600,000 1,457,000 2015-12 2020-03 MONTHLY INTEREST ONLY TO 3/1/20 1353.0000000000 % PERSONAL GUARANTEE FROM OWNER WORKING CAPITAL CASH 1,457,000
    ORGAN TRANSPLANT SYSTEMS INC NONE 400,000 400,000 2019-09 2016-12 PRINCIPAL AND INTEREST DUE AT MATURITY (CURRENTLY IN DEFAULT) 1000.0000000000 % UNSECURED WORKING CAPITAL CASH 400,000
    DELTA STRUCTURAL TECH NONE 2,000,000 2,000,000 2016-11 2019-11 MONTHLY INTEREST, PRINCIPAL DUE AT MATURITY 1200.0000000000 % ALL PROPERTY OF BORROWER; BORROWER'S TRUST AND LIFE INSURANCE POLICY. WORKING CAPITAL CASH 2,000,000
    GATLIN HOLDINGS LLC NONE 500,000 950,000 2016-02 2019-03 MONTHLY INTEREST 3/1/16 - 3/1/19; UNPAID P&I DUE AT MATURITY 800.0000000000 % PERSONAL GUARANTEE WORKING CAPITAL CASH 950,000
    TRINITY CONT-OFFICE NONE 1,080,000 840,268 2011-12 2022-01 MONTHLY P&I PAYMENTS, ALL UNPAID P&I DUE AT MATURITY 600.0000000000 % LOTS 5,7 AND 8. BLOCK A OF ARGYLE TOWN SQUARE MORTGAGED PROPERTY CASH 1,080,000
    US TRINITY HOLDINGS NONE 1,728,932 1,727,010 2016-03 2026-03 MONTHLY INTEREST PAYMENTS FROM 4/1/16 - 3/1/19 700.0000000000 % REAL PROPERTY - VARSITY TRACT ACQUISITION OF MORTGAGED PROPERTY CASH 1,728,932
    ORGAN TRANSPLANT SYSTEMS INC NONE 10,455 70,431 2015-08 2017-06 PRINCIPAL AND INTEREST DUE AT MATURITY OR UPON CLOSURE OF SERIES B FINANCING 1000.0000000000 % UNSECURED WORKING CAPITAL CASH 70,431
    175 BEAR CAR LLC NONE 675,000 675,000 2017-12 2020-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1100.0000000000 % SECOND LIEN DEED OF TRUST ON PROPERTY WORKING CAPITAL CASH 675,000
    BONAZA MINERALS LA LP NONE 492,500 492,500 2017-12 2020-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 600.0000000000 % ACQUIRED MINERAL PROPERTIES ACQUISITION OF MINERAL ACERAGE (REAL PROPERTY) CASH 492,500
    DAGGETT LLC NONE 607,500 0 2017-04 2018-04 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1200.0000000000 % ALL COMPANY ASSETS AND EQUITY & PERSONAL GUARANTEE OF OWNER REAL PROPERTY PURCHASE/NETWORKING CAPITAL CASH 607,500
    DELTA STRUCTURAL TECH NONE 125,000 425,000 2017-12 2020-01 DUE AT MATURITY 1600.0000000000 % ALL PROPERTY OF BORROWER; BORROWER'S TRUST AND LIFE INSURANCE POLICY. WORKING CAPITAL CASH 425,000
    DIGITAL CONNECTIONS INC NONE 1,571,591 3,234,185 2017-01 2020-01 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 650.0000000000 % ALL ASSETS OF THE COMPANY WORKING CAPITAL CASH 3,234,185
    DAGGETT LLC NONE 1,302,500 1,302,500 2018-12 2019-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1200.0000000000 % EQUITY PLEDGES OF LLC MEMBERSHIP INTERESTS BY MEMBERS; PERSONAL GUARANTEES ACQUISITION OF REAL PROPERTY CASH 1,302,500
    ACTION ALIGNMENT LLC NONE 55,000 55,000 2018-07 2019-03 PRINCIPAL AND INTEREST DUE AT MATURITY 600.0000000000 % UNSECURED CONVERTIBLE PROMISSORY NOTE WORKING CAPITAL CASH 55,000
    ACTION ALIGNMENT LLC NONE 55,000 55,000 2018-12 2019-03 PRINCIPAL AND INTEREST DUE AT MATURITY 600.0000000000 % UNSECURED CONVERTIBLE PROMISSORY NOTE WORKING CAPITAL CASH 55,000
    ESCALANTE BLEDSOE LLC NONE 768,750 660,930 2018-01 2022-12 MONTHLY PRINCIPAL AND INTEREST 800.0000000000 % SECOND LIEN DEED OF TRUST ON PROPERTY ACQUISITION OF REAL PROPERTY CASH 768,750

    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HUMAN RESOURCES 10,650 4,275   6,375
    TECHNOLOGY SERVICES 12,000 0   12,000
    PR/COMMUNICATIONS CONSULTING 37,448 261   37,187
    OIL & GAS CONSULTING 124,225 124,225   0
    CFO/FINANCIAL CONSULTING 81,600 81,600   0
    REAL PROPERTY INVESTMENT CONSULTANT 100,125 100,125   0
    OTHER PROFESSIONAL FEES 22,978 14,469   8,508


    TY 2018 TaxesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME & EXCISE TAXES 105,000 0   0
    PROPERTY TAXES 108,573 108,573   0
    PAYROLL TAXES 34,456 7,757   26,699
    FOREIGN TAXES PAID 7,778 7,778   0
    STATE TAXES 1,524 0   0


    TY 2018 TransfersFrmControlledEntities
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name US /
    Foreign Address    		 EIN Description Amount
    TMF REAL ESTATE INVESTMENTS LLC 5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109     		75-2739180 CAPITAL TO PURCHASE REAL PROPERTY INVESTMENT 0
    Total     330,000

    TY 2018 TransfersToControlledEntities
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name US /
    Foreign Address    		 EIN Description Amount
    HEARTLAND CAPITAL FUNDING LLC 5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109     		75-2739180 WORKING CAPITAL 7,575
    Total     7,575